Asia and Oceania

India
Last reviewed: 14 October 2009

Country information

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TRADE AND INVESTMENT

Trade and Investment with the UK

Total two-way trade (goods)declined by 12.2% in Jan-Mar 2009 compared to Jan-Mar 2008.. Major items of trade in goods: UK exports- Metalliferous ores and metal scrap, non-metallic mineral manufactures, non-ferrous metals, power generating machinery and equipment, machinery specialised for particular industries, general industrial machinery and equipment, electrical machinery & appliances, transport equipment. UK imports-Textile yarn and fabrics, petroleum, petroleum products & related materials, power generating machinery & equipment, general industrial machinery & equipment, iron & steel, manufactures of metal not elsewhere specified, electrical machinery, apparatus and appliances, articles of apparel and clothing accessories, footwear, miscellaneous manufactured article.

Over 25541.3 new Indo-British joint ventures have been approved by the Government of India since April 1996. For the period August 1991 to October 2008, the number of technical collaborations approved from UK stands at 868, which is 10.8% of the total technology transfer approvals (Fourth after U.S.A., Germany and Japan).

Between April 2008 and February 2009 , the highest number of FDI approvals in India was in service sector (six) where as the highest value of FDI approvals was in fuels (Rs 1611 mn). For the period August 1991 to January 2009, the number of technical collaborations approved from the UK stands at 869, which is 10.8% of the total technology transfer approvals (Fourth after U.S.A., Germany and Japan).

The UK is the four largest investor in India (after Mauritius, Singapore and USA) for the period April 2000 to March 2009.

UK Trade & Investment Country Profile: India